Financial Results - Standalone (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹20,237.14 lakhs (Q1 FY2027) vs ₹18,350.10 lakhs (Q1 FY2026)
  • Total Income: ₹21,072.13 lakhs (Q1 FY2027) vs ₹18,877.02 lakhs (Q1 FY2026)
  • Profit Before Tax: ₹1,348.69 lakhs (Q1 FY2027) vs ₹735.29 lakhs (Q1 FY2026)
  • Net Profit: ₹959.96 lakhs (₹9.60 crore) (Q1 FY2027) vs ₹537.75 lakhs (₹5.38 crore) (Q1 FY2026)
  • Basic EPS: ₹1.21 (not annualized)
  • Exceptional Item: Impairment loss of ₹144.14 lakhs recognized on investment in Oban Fashions Private Limited
  • Tax Expense: ₹388.73 lakhs (Current Tax: ₹375.00 lakhs, Deferred Tax: ₹13.73 lakhs)

Financial Results - Consolidated (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹20,242.80 lakhs (Q1 FY2027) vs ₹18,390.08 lakhs (Q1 FY2026)
  • Total Income: ₹20,781.63 lakhs (Q1 FY2027) vs ₹18,924.19 lakhs (Q1 FY2026)
  • Profit Before Tax: ₹1,223.38 lakhs (Q1 FY2027) vs ₹911.17 lakhs (Q1 FY2026)
  • Net Profit: ₹826.34 lakhs (₹8.26 crore) (Q1 FY2027) vs ₹552.44 lakhs (₹5.52 crore) (Q1 FY2026)
  • Basic EPS: ₹1.04 (not annualized)
  • No exceptional items in consolidated results for the quarter

Management Changes

  • Appointment: Mr. Rajat Arora (ICSI Membership No. F12068) appointed as Whole-time Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 26, 2026
  • Cessation: Mr. Sumit Khowala (ICSI Membership No. A25299) vacates position of Compliance Officer effective close of business hours on August 25, 2026, but continues as Chief Financial Officer
  • Profile of New Appointee: Mr. Rajat Arora is a qualified Company Secretary (CS) with additional qualifications in Law and Chartered Accountancy (CA), possessing approximately 15 years of experience in listed companies covering Company Secretarial Functions, Listed Entity Compliances, IPO, Corporate Laws, and Corporate Governance

Revised List of Key Managerial Personnel for Disclosures

Effective August 26, 2026, the following KMPs are authorized to determine materiality and make disclosures to Stock Exchanges:

  • Mr. Kunj Bihari Agarwal (Managing Director)
  • Mr. Ramesh Agarwal (Whole-time Director)
  • Mr. Mukesh Agarwal (Whole-time Director)
  • Mr. Vikash Agarwal (Whole-time Director)
  • Mr. Sumit Khowala (Chief Financial Officer)
  • Mr. Rajat Arora (Company Secretary & Compliance Officer)

Subsidiary Divestment

  • Transaction: Divestment of entire investment in Oban Fashions Private Limited (wholly-owned subsidiary)
  • Investment Details: 99,10,000 Equity shares (face value ₹1 each) and 49,50,000 0.1% Non-cumulative Compulsorily Convertible Preference Shares (face value ₹1 each)
  • Buyer: Sobhasaria Land Promoters LLP (belonging to Promoter Group of Rupa & Company Limited)
  • Consideration: ₹4,45,800/- (Rupees Four Lakhs Forty-five Thousand Eight Hundred Only) as determined by Registered Valuer
  • Expected Completion: On or before September 30, 2026
  • Financial Impact of Oban Fashions (FY 2025-26):
  • Turnover: Nil
  • Total Income: ₹2.16 lakhs (0.002% of consolidated total income)
  • Net Worth: ₹306.62 lakhs (0.29% of consolidated net worth)
  • Related Party Transaction: Yes, undertaken on arm's length basis

Auditor Review

  • Auditor: M/s. Singhi & Co., Statutory Auditors
  • Review Report: Limited review conducted on both standalone and consolidated financial results
  • Conclusion: No material misstatement found in the financial results

Meeting Details

  • Board Meeting: Held on August 10, 2026
  • Timing: Commenced at 2:45 pm IST and concluded at 3:55 pm IST